Dubroff: Radical changes necessary to recover from pandemic
With no sign of a quick return to health for retail and tourism, universities going virtual and signs of reshoring for manufacturers, some of the contours for a post-pandemic economy are beginning to emerge. The numbers are striking — even before the full impact of Nordstrom and others closing stores takes effect. Before the pandemic, Read More →
Farmers and ranchers struggle to get products to market
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
MannKind getting $5M loan to avoid layoffs and tackle COVID-19
Westlake Village-based MannKind said it expects $4.9 million in federal forgivable loan relief, among other financial measures that will help it avoid furloughs and layoffs as it pursues potential therapies for the COVID-19 pandemic. The company is currently exploring four potential anti-infective and antiviral therapies, said CEO Michael Castagna. “These are high risk areas and Read More →
CLU economists say short lockdown key to small business survival
A new report from the Center for Economic Research & Forecasting at California Lutheran University underscores the ferocity of the debate around re-opening the economy. CERF forecasters Matthew Fienup and Dan Hamilton now project a stunning, nearly 20 percent drop in GDP and Great Depression levels of job losses, followed by a long, slow U-shaped Read More →
Our view: Progress with numbers but hard road ahead
The Central Coast is proving — along with much of California — that social distancing and restricted activity can bend the curve of the coronavirus pandemic. But the battle is far from over and there are troubling signs that the disease will double back with a vengeance once the rules are relaxed. At press time, Read More →
Pandemic kills demand for tri-county produce and cut flowers
COVID-19 restrictions that canceled events and shuttered restaurants have collapsed distribution chains for fresh fruit, vegetables and flowers grown throughout the Tri-Counties. Consumer demand plunged, growers said, as buyers prioritized shelf-stable goods like grains, pasta and frozen and canned foods, foregoing berries, leafy greens and cut flowers grown on the Central Coast. “(Agriculture is) an Read More →
COVID-19 pandemic killing tri-county tourism
An unprecedented level of uncertainty has gripped the travel and tourism industry across the Tri-Counties, forcing temporary shutdowns for some and a re-evaluation of plans for companies, workers and tourism promotion agencies. No one knows when business will go back to normal, and it’s hitting the tourism industry hard when bookings should be strong. Visit Read More →
